Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
Did you know the Seminole Indians refused to conduct trade using paper money?True story. When doing business with white traders, the Seminoles insisted on barter or silver coinage.Why?Because they understood the unreliability of fiat...
While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.Today, a commonly used accounting trick could be obscuring risks in the...
Consumer borrowing unexpectedly surged in April as Americans tried to get ahead of potential price increases due to tariffs. This reversed a trend of declining consumer borrowing since the beginning of the year.Total consumer debt swelled...
Silver has cracked a key resistance level, and Rich Dad Poor Dad author Robert Kiyosaki called the white metal “the biggest bargain today.”Silver was up 5.3 percent on Monday, the biggest gain in eight months. And on ...
The U.S. government has an interest problem.Just how bad is it?Really bad.Most people intuitively understand that massive budget deficits aren’t sustainable. They recognize you can’t live indefinitely on a credit card.Granted, it...
Could the recent sale of U.S. equities signal the beginning of a long-term trend that speeds up global de-dollarization?Some analysts think it does.One could certainly write this sentiment off as a knee-jerk backlash against the aggressive...
The most surprising thing about Moody’s downgrade of the U.S. government’s credit rating was that so many people seemed surprised. The reaction should have been, “Tell us something we didn’t already know!”Last Friday, Moody’s cut Uncle Sam...
Silver jewelry demand is on the rise globally, another factor pushing the silver market to its fourth straight supply deficit in 2024.The U.S. market is playing an important role in this trend.Industrial silver demand set a record...
The federal government ran a big budget surplus in April, but don’t get too excited. Uncle Sam hasn’t solved its spending problem.In fact, it’s getting worse.The U.S. government typically runs a surplus in April with the surge of tax...
After crashing in February, consumer borrowing remained tepid in March, a worrying sign for an economy that runs on credit cards.Borrowing has been slowing for the past several months, raising the prospect that Americans may finally be...
Pages
